Shipping & Inland Haulage Income Covered by Article 8 of India–UAE DTAA: ITAT Mumbai

Avana Global FZCO Vs DCIT (ITAT Mumbai) Shipping & Inland Haulage Income Covered by Article 8 of India–UAE DTAA- Revenue’s 44B Stand Rejected ITAT Mumbai allowed the assessee’s appeal by holding that freight income & inland haulage charges earned from operation of ships in international traffic were covered under Article 8 of the India–UAE DTAA & hence not taxable in India Assessee, incorporated & tax resident in UAE, was engaged in the business of operating ships in international traffic. During AY 2022-23, it earned freight income of Rs.581.11 crore (including inland ...